T.N. has fully utilised Central funds: CMदेश का 'कैपिटल' नहीं 'रेप कैपिटल' है !
By The Hindu 05-Aug-2019
Speaking at a function in Salem, Mr. Palaniswami said, “A false news has been published that the State government has returned approximately ₹3,600 crore of Central funds without utilising them. There has never been a situation where the State had returned Central funds.”
Mr. Palaniswami said that every year, during the Budget, funds were allocated for Central schemes based on the amount expected to be received from the Union government.
“If the expected amount is not released by the Centre to the State during a financial year, the State would not be able to allocate funds for the projects, and it is considered as savings,” he said.
“When the funds are released during the next financial year, it is used by the State for the particular projects,” Mr. Palaniswami added.
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